Eco World International aims RM2bil property sales in FY22

Eco World International Bhd president & CEO Datuk Teow Leong Seng

KUALA LUMPUR: Eco World International Bhd (EWI), which posted a net profit of RM13.57mil in the financial year ended Oct 31, 2021 (FY21), is targeting RM2bil in property sales in FY22.

“Although FY21 was a challenging year for EWI as lockdowns, border closures and higher stamp duties following the expiry of the UK stamp duty holiday in June 2021 adversely impacted property demand, we expect FY22 to be a much better year for property sales in London,” EWI president & CEO Datuk Teow Leong Seng said.